AVP / VP Product & Technology Innovation

Evolute Fintech Innovations Private Limited; Mumbai; On-site; INR 5,000,000 - 7,000,000; Full time

Job summary

Evolute Fintech Innovations Private Limited is seeking an AVP/VP Product Technology Innovation to lead discovery, strategy and early-stage R&D for biometric IAM, IoT/edge and ESS platforms.

You will drive IP creation, shape GTM narratives, and hand over scaled execution to engineering and delivery teams, collaborating with the CEO, CTO and business heads across BFSI, IAM, eGov, and more.

Qualifications

• 10–15+ years across product, R&D or platform roles in deeptech/embedded/IoT/ESS domains.
• Proven track record taking deeptech products from concept to pilots or early commercial rollout.
• IP orientation with patents filed/granted or strong defensible platforms.
• Systems thinking across hardware-firmware-cloud-data with CXO and business heads facilitation.
• Comfort working in an MSME/startup environment.

Responsibilities

• Define product platform strategy and roadmaps for biometric IAM, IoT devices/platforms and ESS solutions across multiple sectors.
• Lead deeptech feasibility and PoCs in AI/ML, biometrics, security, IoT/edge and ESS controls with clear Go/No-Go criteria.
• Craft GTM narratives, reference architectures, pricing logic and deployment models for pilots and firstwave customers.
• Own proto and pilot lifecycle, ensuring secure-by-design and manufacturable designs and clear handover criteria.
• Run governance with CTO/CEO/Marketing and domain heads to steer bets and portfolio performance.

Skills

Product strategy

Deeptech

Embedded systems

IoT/edge

Job description

For the position of AVP / VP Product Technology Innovation

Location: Mumbai/Bangalore

Reports to: Chief Technology Officer

Works closely with: CEO, Marketing,Business Heads (BFSI, IAM, eGov, Retail, Industrial Automation, Smart Manufacturing, ESS)

Being the AVP / VP Product Technology Innovation for Group company, you will be responsible for

Owning discovery, product strategy and earlystage R D for new solution and platform plays in biometric IAM, IoT/edge and ESS, from concept to validated proto/pilots. Drive IP and patent creation while shaping GTM narratives; hand over scaled execution to engineering and delivery teams.

The opportunity:

This role provides a unique opportunity to shape Evolutes next-generation product platforms and innovation agenda, create defensible IP and convert emerging technologies into scalable solution platforms that drive new revenue streams across BFSI, IAM, e-Gov, Retail, Industrial Automation, Smart Manufacturing and ESS domains. The role reports into the CTO and works in close collaboration with the CEO, Marketing leadership and Business Heads across BFSI, IAM, e-Gov, Retail, Industrial Automation, Smart Manufacturing and ESS.

Key responsibilities include:

• 1. Product platform strategy (0 1)

  • Define product vision and platform roadmaps for biometric IAM, IoT devices/platforms and ESS solutions across BFSI, eGovernance, Retail, and Industrial/Smart Manufacturing segments.
  • Identify highvalue problems and usecases with business heads and key customers, translate them into product hypotheses and experiment backlogs.
  • Shape solution blueprints (hardware, firmware, cloud, analytics) that extend your current embeddedhardware strength into full solutions and platforms.
  • Deliver a targeted number of validated platform concepts taken to pilot per year.
  • Drive adoption of new platforms across customer deals, increasing the share of platform-led solutions vs bespoke hardware-only solutions.

• 2. Research, feasibility and IP

  • Lead deeptech feasibility for new bets in AI/ML, biometrics, security, IoT/edge and ESS controls, balancing Can we with Should we build it from a commercial lens.
  • Run structured PoCs and lab prototypes; define clear go/nogo criteria and success metrics before scaling.
  • Drive an IP pipeline around algorithms, architectures, and control schemes, coordinate invention disclosures, patentability checks, and filings with external counsel.
  • Build a measurable IP funnel tracked through invention disclosures, patent filings and patents granted.

• 3. Gotomarket design (without full delivery ownership)

  • Craft positioning, value propositions, and solution narratives for each platform in partnership with Marketing and Sales.
  • Define reference architectures, pricing logic and deployment models (onprem/edge/cloud, OEM/whitelabel, managed service) for pilots and firstwave customers.
  • Support selected lighthouse deals with domain/solution expertise and proofpoints from pilots; hand execution to engineering and delivery once patterns are validated.
  • Create a measurable new product/platform revenue pipeline from pilots and lighthouse deals.

• 4. Proto and pilot ownership (no BAU delivery)

  • Own the lifecycle from idea lab prototype limited customer pilots; ensure designs are securebydesign and manufacturable.
  • Work with Engineering Head to define clear handover criteria from pilot to scale (architecture baselines, backlog, documentation, nonfunctional requirements).
  • Stay involved posthandover only as platform owner for roadmap and major architectural decisions, not daytoday project management.

• 5. Collective decisionmaking and governance

  • Run regular innovation/roadmap councils with CTO, CEO, Marketing and business heads to choose which bets to start, stop or scale.
  • Maintain a simple portfolio view of innovation bets (stage, TRL, expected impact, risk) to guide investment decisions.
  • Ensure compliance with biometric, KYC/AML, eGov and IoT/ESS security guidelines in all concepts and prototypes.
  • Track portfolio performance through pilot throughput, revenue pipeline, IP outcomes and platform adoption metrics.

To qualify for the role, you must have

• 1015+ years across product, R D or platform roles in deeptech / embedded / IoT / ESS domains, with strong exposure to BFSI/IAM/eGov and/or industrial/energy sectors.
• Proven 0 1 experience: has taken deeptech products from concept to successful pilots or early commercial rollout.
• Demonstrated IP orientation (patents filed/granted, or platforms with defensible technical moats).
• Strong systems thinking (hardwarefirmwareclouddata), excellent stakeholder facilitation with CXO and business heads, and comfort working in an MSME/startup environment.